170,484 Shares in Innovator Defined Wealth Shield ETF $BALT Purchased by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC acquired a new stake in Innovator Defined Wealth Shield ETF (BATS:BALT) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 170,484 shares of the company’s stock, valued at approximately $5,958,000.

Several other hedge funds and other institutional investors also recently modified their holdings of BALT. Wealthquest Corp increased its holdings in Innovator Defined Wealth Shield ETF by 36.9% in the first quarter. Wealthquest Corp now owns 3,233,718 shares of the company’s stock valued at $108,216,000 after buying an additional 871,138 shares during the last quarter. Brookstone Capital Management acquired a new position in Innovator Defined Wealth Shield ETF during the 3rd quarter valued at about $24,663,000. Personal CFO Solutions LLC bought a new stake in Innovator Defined Wealth Shield ETF during the first quarter worth approximately $18,415,000. Axxcess Wealth Management LLC grew its position in Innovator Defined Wealth Shield ETF by 157.8% in the first quarter. Axxcess Wealth Management LLC now owns 448,298 shares of the company’s stock worth $15,002,000 after buying an additional 274,425 shares during the last quarter. Finally, Carter Financial Group INC. acquired a new position in shares of Innovator Defined Wealth Shield ETF in the 2nd quarter valued at $8,275,000.

Innovator Defined Wealth Shield ETF Price Performance

BALT stock opened at $34.97 on Friday. Innovator Defined Wealth Shield ETF has a 52-week low of $32.79 and a 52-week high of $35.15. The firm has a market capitalization of $1.62 billion, a P/E ratio of 24.42 and a beta of 0.14. The company’s 50 day simple moving average is $34.87 and its 200-day simple moving average is $34.43.

About Innovator Defined Wealth Shield ETF

The Innovator Defined Wealth Shield ETF (BALT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF over a three-month outcome period. The actively managed fund holds flex options. BALT was launched on Jul 1, 2021 and is managed by Innovator.